Simple Tips for a Simple Living

Safe alternatives to deposits

For some time, we can see that the interest rates on deposits and savings accounts are slowly but inexorably shrinking. Interest rates are often no longer beneficial and direct customers to a completely different financial products which are mutual funds and bonds. Is this a good choice?

Dave Heuts / photo on flickr

According to many people, this would not be in the short term gain and much better to use the product more modern, more reliable and with a much larger perspective. Speaking of structured products, which in some way are linked with possible investment security gains of investment funds. What gives us the security is at least a guarantee to regain what we put so do not threaten us with the loss of a financial contribution.

On the other hand, it is not surprising that profits are at a level above 40% for the 3-4 (before deduction of taxes). Of course, such success is not very common, but it is not unusual. Structured products have never been particularly appreciated and encouraged, but that does not mean they are bad products. They combine the best of the two most popular financial products to locate their extracurricular funds, while eliminating most of their disadvantages.